Xerox to report Q3 earnings Thursday

Analysts expect Xerox Corp. to report flat earnings in the third quarter, with a slight drop in sales.

The company is slated to release its earnings before markets open Thursday.

Analysts polled by Thomson Reuters expect Xerox to report sales of nearly $5.35 billion, down 1 percent from sales of some $5.42 billion the prior year. They expect earnings per share to be flat at 25 cents.

For the third quarter, Xerox expects earnings from continuing operations of 20 to 22 cents a share and adjusted earnings of 24 to 26 cents a share.

Xerox ranked first on the most recent Rochester Business Journal list of manufacturers with roughly 6,100 local workers.